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4 February 2012 | 1 reply
You can normally narrow it down to 1 or 2 lenders who now have the loan using this method.
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4 February 2012 | 15 replies
In southern Utah I'm trying a completely different method of attack which is building brand-new homes to a niche group of owner users.
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15 May 2012 | 15 replies
The only expense would've been taking a little bit longer to become self-sufficient, but I certainly would suggest that to all the young investor starting out now.I feel that I have done everything I can to be prepared financially for the ups and downs in the economy and if you research previous posts and threads that I have entered into you will understand my thought process and hopefully the methods to my madness!
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6 February 2012 | 8 replies
What is the most common method used by your tenants?
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20 October 2014 | 22 replies
Although not recently, I've taken CC payment for rent (via PayPal) and believe that the "CC on file" methods would be fine if the tenant didn't dispute the charge.
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17 May 2013 | 2 replies
Has anybody else used this method?
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15 February 2012 | 25 replies
Texting is the preferred method for both of my tenants.
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11 July 2012 | 12 replies
The cost is built in somewhere to what they are doing.We get landlords offering free rent here for 1 year.The rent isn't free on commercial as they then have year 2 at a higher than normal rate to recover some of the lost rent and then built in escalations that are higher and more frequent than normal.Never get sucked in by a gimmick.I tell all my clients to be slow and methodical in doing a deal to avoid "knee jerk" reactions.It takes a long time to make money and a small amount of time to lose it.You also have to watch out for if they are in pre-foreclosure or not.They could be trying to collect an upfront payment with free rent and then walk.
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12 February 2012 | 23 replies
If you use the 50 percent rule, which is probably about as accurate of a crystal ball as any other method (and will still not hit the mark on many individual years) then, of your gross rents you would have 1050/month to count toward your debt service (principal and interest) and the remaining toward your cash flow.So, I can't tell what percent of your PITI is T&I, but I would guess it is around 300/month.
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13 February 2012 | 1 reply
A dutch auction is the most popular method I have heard of.